The 411

Posted on July 2, 2009 by Phil Kadath

Want to know if you’re important enough for California to pay you in cash instead an IOU?

Felix Salmon has the list.

(Hint: You’re probably not)

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One Response to The 411

  1. Rivrdog says:
    July 2, 2009 at 2:22 pm

    Back in ’73, when I first started working as a Deputy Sheriff, we were paid by “Payroll Warrants”, which were good ONLY at the bank issuing them. This practice continued until the late ’70’s.

    As I understand it, Kali WAS paying with “warrants”, and THEN went (down) to IOU’s.

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